Business, 11.12.2019 19:31 mackwackuwu

Sparkle is one firm of many in the market for toothpaste, which is in long-run equilibrium.
a. draw a diagram showing sparkle's demand curve, marginal-revenue curve, average-total-cost curve, and marginal-cost curve. label sparkle's profit-maximizing output and price.
b. what is sparkle's profit? explain.
c. on your diagram, show the consumer surplus derived from the purchase of sparkle toothpaste. also show the deadweight loss relative to the efficient level of output.
d. if the government forced sparkle to produce the efficient level of output, what would happen to the firm? what would happen to sparkle's customers?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 16:40

Job applications give employers uniform information for all employees,making it easier to

Answers: 1

Answer

Business, 22.06.2019 21:20

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

Answers: 3

Answer

Business, 23.06.2019 00:00

According to the video, the gross national product had declined from $104 billion in 1929 to about in 1933.

Answers: 2

Answer

Business, 23.06.2019 01:20

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)

Answers: 3

Answer

You know the right answer?

Sparkle is one firm of many in the market for toothpaste, which is in long-run equilibrium.
a....

Questions